Org.nr 993 581 992 2018 → 2019 Year-over-year analysis

AC BLAZE AS: årsregnskap 2019 vs 2018

Grew 12% on revenue

approved 2020-08-18; registry 2020-09-09; journal 2020 773472

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AC BLAZE AS. Revenue 15.18m NOK → 16.96m NOK (+11.7%). Equity 3.32m NOK → 3.94m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AC BLAZE AS.

At a glance

Revenue

15.18m NOK 16.96m NOK

+11.7%

Operating result

n/m +3.11m NOK

—

Net result

n/m +2.42m NOK

—

Equity

3.32m NOK 3.94m NOK

+18.8%

Cash

5.96m NOK 6.75m NOK

+13.3%

Total assets

7.52m NOK 8.25m NOK

+9.7%

↑
Revenue rose

Operating income / revenue moved from 15.18m NOK to 16.96m NOK (+11.7% YoY). Calculated
↑
Equity strengthened

Book equity 3.32m NOK → 3.94m NOK (equity ratio 44.2% → 47.8%). Calculated
↑
Cash rose

Bank deposits 5.96m NOK → 6.75m NOK (+13.3% YoY). Calculated

·
Payroll increased

Salary cost 3.47m NOK → 3.85m NOK (23% → 23% of revenue). Calculated
·
COGS moved

COGS / varekostnad 6.58m NOK → 6.67m NOK (+1.4% YoY). Calculated